It's a no from me. It's about respect.
I took a position in two little penny stocks at the same time. My target for each gives a similar MT yield. Both have had a run up and a subsequent retraction.
INL went into a TH Wednesday 7 Dec. Monday of this week a CR was announced at 1.2c, a 14% discount to last trading price (1.4c) and a 18.5% discount to the 5 day VWAP. Directors are participating along with SI. Importantly ALL SH are able to participate through a SPP. SP actually went higher when the TH was lifted and is now trading at 1.5c and the chart is looking pretty good. The SP has not fallen to the issue price of 1.2c. Sentiment is positive. Capital raised, moving forward.
It's not hard to be decent and everyone wins.
LBT SP wollows and goes sideways while the fat cats get their fill.
It's a no from me. It's about respect. I took a position in two...
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Last
1.6¢ |
Change
0.002(14.3%) |
Mkt cap ! $25.04M | |||
| Open | High | Low | Value | Volume |
| 1.5¢ | 1.6¢ | 1.5¢ | $2.946K | 185.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 716666 | 1.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.6¢ | 4125552 | 4 |
View Market Depth
| Last trade - 14.20pm 19/07/2024 (20 minute delay) ? |
| LBT (ASX) Chart |